WEF Explores Blockchain for Digital Identification of Users
The World Economic Forum (WEF) is actively exploring the potential of implementing an international blockchain-based system to facilitate digital identification of users. The topic was extensively discussed at the WEF's annual workshop, which focused on techniques aimed at improving user identity ...
Hedera DeFi Protocol Smart Contract Hacked, Losing $5 Million in Locked Cryptocurrency
The DeFi protocol smart contracts of the Hedera project have suffered a significant loss of $5 million following a recent hacker attack and the subsequent suspension of Hedera's services. DeFiLlama's analysts reported a 16.8% decrease in Hedera's total value locked (TVL) from $29.6 million to $24 ...